Lake Ronkonkoma, New York Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Lake Ronkonkoma, New York rental market.

Lake Ronkonkoma, New York

Average Apartment Rent

$2,816

Y-o-Y Change in Average
Apartment Rent

3.4%

As of March 2026

Compared to a year ago, Lake Ronkonkoma, New York apartments have recorded a 3.4% rent increase.

Lake Ronkonkoma, New York Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Lake Ronkonkoma $2,710 $2,661 $2,660 $2,719 $2,702 $2,722 $2,806 $2,806 $2,816
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Lake Ronkonkoma
National
Jul 2023
$2,710
$1,735
Nov 2023
$2,661
$1,724
Mar 2024
$2,660
$1,729
Jul 2024
$2,719
$1,750
Nov 2024
$2,702
$1,743
Mar 2025
$2,722
$1,749
Jul 2025
$2,806
$1,763
Nov 2025
$2,806
$1,749
Mar 2026
$2,816
$1,750

Lake Ronkonkoma, New York Average Apartment Rent

Lake Ronkonkoma, New York Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 35.05%, apartments priced $2,000 - $2,500 represent the bulk of Lake Ronkonkoma, New York rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 8.65%.

Lake Ronkonkoma, New York Housing tenure**

Renter occupied housing units 2,065
Owner occupied housing units 4,439

Renters take up 32% of Lake Ronkonkoma, New York real estate, occupying a total of 2,065 units, while homeowners live in 4,439 properties.

Median number of rooms of renter-occupied housing units**

3.9

Renter median household income**

$69,093

Average household size of renter-occupied housing units**

2.06

Rental vacancy rate**

1.9%

Lake Ronkonkoma, New York Renter-occupied housing units by no. of bedrooms**

No bedrooms 168
1 bed 716
2 beds 819
3 beds 200
4 beds 134
5 or more beds 28

There are 819 rentals in Lake Ronkonkoma, New York with 2 beds making up the highest share of the market, at 40%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 28 units. Overall, the median number of rooms in Lake Ronkonkoma, New York homes for rent is 3.9.

Lake Ronkonkoma, New York Renter-occupied units by age of householder**

15 - 24 years 71
25 - 34 years 480
35 - 44 years 155
45 - 54 years 249
55 - 59 years 108
60 - 64 years 207
65 - 74 years 622
75 - 84 years 147
85 years and over 26

Most condos for rent in Lake Ronkonkoma, New York are occupied by residents in the 65 - 74 years age group (30%), followed by those in the 25 - 34 years age group (23%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

Lake Ronkonkoma, New York Renter-occupied housing units by family type**

Family households 696
Non-Family Households 1,369

Lake Ronkonkoma, New York Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 407
No related children of the householder under 18 1,658

A total of 696 apartments for rent in Lake Ronkonkoma, New York, or 34% of all rentals are family households. Additionally, 20% of rental homes include children under the age of 18 – that’s 407 units. All in all, the median size of a renter-occupied household in Lake Ronkonkoma, New York is 2.06.

Lake Ronkonkoma, New York Renter-occupied housing units by educational attainment**

Less than high school graduate 147
High school graduate (including equivalency) 858
Some college or associate's degree 710
Bachelor's degree or higher 350

In terms of education, renters holding bachelor degrees or higher make up 17% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Lake Ronkonkoma, New York.

Lake Ronkonkoma, New York Renter-occupied units by year structure built**

Built 2010 - 2019 279
Built 2000 - 2009 101
Built 1990 - 1999 227
Built 1980 - 1989 136
Built 1970 - 1979 438
Built 1960 - 1969 174
Built 1950 - 1959 334
Built 1940 - 1949 281
Built 1939 or earlier 95

The highest share of Lake Ronkonkoma, New York apartment rentals, namely 21% or 438 units, were Built 1970 - 1979, followed by those Built 1950 - 1959 (16%, 334 units), and the ones Built 1940 - 1949 (14%, 281 units).

Lake Ronkonkoma, New York Renter-occupied units by year householder moved in**

Moved in 2021 or later 195
Moved in 2018 to 2020 597
Moved in 2010 to 2017 897
Moved in 2000 to 2009 290
Moved in 1990 to 1999 36
Moved in 1989 or earlier 50

Median year renter moved into unit 2016

Most Lake Ronkonkoma, New York renters (43%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Lake Ronkonkoma, New York condos for rent is 2016.

Lake Ronkonkoma, New York Renter-occupied housing units by vehicles available**

No vehicle available 103
1 vehicle available 1,294
2 vehicles available 360
3 vehicles available 289
5 or more vehicles available 19

When it comes to transportation options, 63% of Lake Ronkonkoma, New York renters have 1 vehicle available per household, 17% of them have 2 vehicles available, and 14% have 3 vehicles available.

Lake Ronkonkoma, New York Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 1,870
Car, truck, or van - carpooled 34
Public transportation (excluding taxicab) 50
Walked 25
Taxicab, motorcycle, bicycle, or other means 11
Worked at home 118

Lake Ronkonkoma, New York Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 3,188
Moved within same county 676
Moved from different county within same state 213
Moved from different state 77

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Lake Ronkonkoma, New York apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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